Highland Capital Management, is a multi-billion dollar backed investment company. It is also registered with the SEC. Currently, Highland Capital Management has around $14.8 billion dollars worth of assets in their possession. Aside from boasting an impressive portfolio, Highland Capital Management is one of the biggest and knowledgeable investment companies around. Highland Capital Management’s expertise is in credit strategies. To name a few, this includes credit hedge funds, special situations private equities and CLOs(collateralized loan obligations).
Highland Capital also provides investments such as long/short equities, natural resources, and so forth. With Highland Capital Management possessing a large and diverse client base, they also offer public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, and much more. Highland Capital Management is an multinational/international firm, with offices in Dallas, New York, Sao Paulo, Singapore, and Seoul.
In the past 20 years alone, Highland Capital Management has risen to the top by being an experienced global alternative credit manager. Since January of 1990, Highland Capital has been in business. It all began as a joint venture between James Dondero and Mark Okada. To be exact, the joint venture focused on fixed income markets such as managing senior secured bank loans. In 1993, the venture formed into a Protective Asset Management Company (“PAMCO”). In fact, PAMCO is an SEC registered investment company that is mostly owned by advisers.
By May of 1997, the company was a huge success. Together, James Dondero and Mark Okada founded Ranger Asset Management, L.P., which was an independent advisor company. It is also registered with the SEC. In the subsequent year, Ranger Asset Management, L.P. became Highland Capital Management. By the year 2000, Highland Capital Management has continued to grow.
Soon enough, the company was something much more than an investment platform dealing with separate accounts and CLOs. As a result, the company created their first total return strategy, specializing on distressed assets. In the same year, Highland Capital Management established their first two bank loan separate accounts. After more than a decade, Highland Capital continues to aid investors in achieving their goals.